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2 days ago | 
mb.com.ph | Derco Rosal
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. said the Japan Credit Rating Agency’s (JCR) latest affirmation of the Philippines’ “A-” credit rating with a stable outlook is expected to strengthen confidence among Japanese investors in the country. On Thursday, June 5, JCR affirmed the Philippines’ investment-grade credit rating of “A-” with a “stable” outlook.
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2 days ago | 
mb.com.ph | Derco Rosal
With inflation accelerating to its lowest pace in nearly six years in May, private-sector economists expect the Bangko Sentral ng Pilipinas (BSP) to continue reducing key borrowing costs this month. Inflation slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace since November 2019, according to the Philippine Statistics Authority (PSA). Notably, the poorest households experienced no increase in overall prices.
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2 days ago | 
mb.com.ph | Derco Rosal
State-run Government Service Insurance System (GSIS) has reported that more than 99 percent of its transactions in the first half of 2025 were conducted online. From January to June, nearly all GSIS services, such as applying for loans and checking member information, were available via the GSIS Touch mobile app and GSIS Wireless Automated Processing System (GWAPS) kiosks.
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2 days ago | 
mb.com.ph | Derco Rosal
The Department of Finance (DOF) said the Marcos administration has been prudently managing the Philippines’ swollen debt stock, which was bloated by the ₱6.84 trillion added by the Duterte regime during the Covid-19 pandemic.
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2 days ago | 
mb.com.ph | Derco Rosal
More executives from 78 government-owned and/or -controlled corporations (GOCCs) have turned in their resignation letters to the Palace, according to the Governance Commission for GOCCs’ (GCG) latest report as of June 4. Three more presidents and chief executive officers (CEOs) have submitted their resignation letters, bringing the total to 18. Meanwhile, the number of resigned board members has risen to over 270, up from just over 200 as of June 3.
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2 days ago | 
mb.com.ph | Derco Rosal
Consumer price increases slowed further to 1.3 percent in May from 1.4 percent in April, marking the slowest pace in nearly six years, with the poorest households experiencing no increase in overall prices. According to the Philippine Statistics Authority (PSA), the country’s headline inflation moved at an even slower pace compared to the previous month, which marks the lowest rate since November 2019, when it stood at 1.2 percent.
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3 days ago | 
mb.com.ph | Derco Rosal
More than 200 executives from 69 government-owned and/or -controlled corporations (GOCCs) have so far tendered their courtesy resignations, according to the Governance Commission for GOCCs (GCG). As of June 3, the total number of GOCC officials who have submitted courtesy resignations to President Ferdinand Marcos Jr. reached over 220, including 15 chairpersons and chief executive officers (CEOs), and over 200 board members.
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3 days ago | 
mb.com.ph | Derco Rosal
The state-run Government Service Insurance System (GSIS) will release the June pension payments two days early, on Friday, June 6, instead of the usual eighth of the month. According to the GSIS, the adjusted date of release would fall on Eid’l Adha, which has been declared a regular nationwide holiday. “Pensioners can conveniently withdraw their pension through ATMs using their UMID [unified multi-purpose ID] or eCard” even during the holiday, the state social insurer said.
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3 days ago | 
mb.com.ph | Derco Rosal
UnionDigital Bank (UD), the digital bank subsidiary of Aboitiz-led Union Bank of the Philippines is set to launch low-tenor loans under ₱30,000 in the fourth quarter of 2025 as its top executive believes this move is a more disciplined approach to take. “We have recently introduced a longer tenor, but Union Digital is going to be concentrated at least in the near future on low tenor loans.
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3 days ago | 
mb.com.ph | Derco Rosal
The Bangko Sentral ng Pilipinas (BSP) has proposed formally adopting and expanding regulatory relief measures for banks affected by disasters, which would include a six-month grace period for loan repayments and the temporary exclusion of these loans from bad loan classifications.
